UN / WATER LEADERS COMMITMENTS

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22-Mar-2023 00:03:24
“At Starbucks, we are committed to conserve and replenish water across our business by 50 percent by 2030,” Starbucks Sustainability chief told the UN 2023 Water Conference plenary meeting. UNIFEED

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STORY: UN / WATER LEADERS COMMITMENTS
TRT: 03:24
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 22 MARCH 2023, NEW YORK CITY

SHOTLIST:

1. Wide shot, exteriors, United Nations headquarters
2. Wide shot, General Assembly
3. SOUNDBITE (English) David Malpass, President, World Bank Group:
“The financing needs in the water sector and are enormous as are the opportunities. As the World Bank we have a portfolio of over USD 24 billion in water investments and projects in over 70 countries. We are also finding new ways to finance water. For example, last month, we issued a USD 50 million outcome bond that will provide clean water to school children in Vietnam, where the investors agreed to give up the coupon on the bond in favor of future payments linked to project outcomes.”
4. Med shot, General Assembly dais
5. SOUNDBITE (English) Woochong Um, Managing Director General, Asian Development Bank:
“ADB (Asian Development Bank) will mobilize USD 10 billion in climate change adaptation financing for the water sector in Asia and the Pacific by 2030. And this is in line with ADB overall ambition of mobilizing over USD 100 billion in climate finance using our own resources by 2030. To do this, we're working with key partners including the Government of the Netherlands, which has pledged USD 20 million in grant financing to the ADB administered Water Resilient Trust Fund. In addition to grant funding from other partners, including the governments of Japan and Korea, as well as the Bill and Melinda Gates Foundation.”
6. Med shot, General Assembly dais
7. SOUNDBITE (English) Jagan Chapagain, Chief Executive Officer and Secretary General, International Federation of Red Cross and Red Crescent Societies:
“Goal is to reduce diseases and malnutrition, while helping communities to adapt to climate and water related shocks to strengthen their resilience and reduce their humanitarian needs. These are urgent challenges and these require unique partnerships. No one can do it alone. And this conference presents a clear opportunity to convene, catalyze and claim to build solutions that are larger than one single organization.”
8. Med shot, General Assembly dais
9. SOUNDBITE (English) Henri Bruxelles, Chief Sustainability and Strategic Business Development Officer, Danone:
“We are committed to reducing our water footprint full scope, a causal value chain obviously in our operation we have already reduced 52 percent our water footprint since 2000. But to accelerate this, we are committed to deploy four ‘R’ approach - reduce, reuse, recycle and reclaim 100 percent of our production sites by 2030.”
9. Med shot, General Assembly dais
10. SOUNDBITE (English) Michael Cabory, Chief Sustainability Officer, Starbucks:
“At Starbucks, we believe water is a fundamental human right and the private sector can and must leverage our scale innovation and our capital to help create a water secure future for all. At Starbucks. We are committed to conserve and replenish water across our business by 50 percent by 2030.”
11. Wide shot, General Assembly

STORYLINE:

“At Starbucks, we are committed to conserve and replenish water across our business by 50 percent by 2030,” Starbucks Sustainability chief Michael Cabory told the UN 2023 Water Conference plenary meeting.

Cabory, as well as other leaders across different sectors and industries, shared their commitments, pledges and actions that help deliver on the water actions in the 2030 Agenda for Sustainable Development today (22 Mar) in New York.

David Malpass, who leads the World Bank Group, said, “The financing needs in the water sector and are enormous as are the opportunities.”

He said, “As the World Bank we have a portfolio of over USD 24 billion in water investments and projects in over 70 countries.”

Malpas added, “We are also finding new ways to finance water. For example, last month, we issued a USD 50 million outcome bond that will provide clean water to school children in Vietnam, where the investors agreed to give up the coupon on the bond in favor of future payments linked to project outcomes.”

For his part, Woochong Um, Managing Director of the Asian Development Bank (ADB), noted that ADB will mobilize USD 10 billion in climate change adaptation financing for the water sector in Asia and the Pacific by 2030.

He added, “And this is in line with ADB overall ambition of mobilizing over USD 100 billion in climate finance using our own resources by 2030. To do this, we're working with key partners including the Government of the Netherlands, which has pledged USD 20 million in grant financing to the ADB administered Water Resilient Trust Fund.”

The chief of International Federation of Red Cross and Red Crescent Societie, Jagan Chapagain, told the meeting that their goal is to reduce diseases and malnutrition, while helping communities to adapt to climate and water related shocks to strengthen their resilience and reduce their humanitarian needs.

He stressed, “These are urgent challenges and these require unique partnerships. No one can do it alone.”

He also said that this conference “presents a clear opportunity to convene, catalyze and claim to build solutions that are larger than one single organization.”

For his part, Danone’s Sustainability and development leader, Henri Bruxelles, said “We are committed to reducing our water footprint full scope, a causal value chain obviously in our operation we have already reduced 52 percent our water footprint since 2000.”

He stressed, “But to accelerate this, we are committed to deploy four ‘R’ approach - reduce, reuse, recycle and reclaim 100 percent of our production sites by 2030.”
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